Articles from New Jersey Resources

New Jersey Resources (NYSE: NJR), today hosted its 72nd Annual Shareowners Meeting. At the virtual meeting, shareowners elected Gregory E. Aliff, Thomas C. O’Connor and Michael A. O’Sullivan to NJR’s board of directors each for a three-year term that will expire in 2028.

New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), today announced a new collaborative effort with Rutgers University and its School of Environmental and Biological Sciences to advance the University’s “Vibrant Communities” program. NJR committed $50,000 from its Coastal Climate Initiative (CCI) to support the inaugural Vibrant Communities program’s sustainability and resiliency project. The CCI supports projects and programs designed to improve the resilience of ecosystems and impacts from climate change, as well strengthen community engagement and environmental education.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2025 first quarter financial results on Tuesday, February 4, 2025, at 10 a.m. ET. New Jersey Resources will release these results on Monday, February 3, 2025, after the close of the stock market.

NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE: NJR), today announced the sale of its 91 megawatt (MW) residential solar portfolio, to Spruce Power Holding Corporation (NYSE: SPRU) for a total of $132.5 million.

The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.45 per share. The dividend will be payable on January 2, 2025, to shareowners of record as of December 11, 2024.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2024 fourth quarter and year-end financial results on Tuesday, November 26, 2024, at 10 a.m. ET. New Jersey Resources will release these results on Monday, November 25, 2024, after the close of the stock market.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2024 third quarter financial results on Tuesday, August 6, 2024, at 10 a.m. ET.

Building on its commitment to environmental stewardship and support of community resiliency, New Jersey Resources (NYSE: NJR) today announced a five-year, $500,000 funding commitment to Monmouth Conservation Foundation (MCF) through the company’s Coastal Climate Initiative (CCI). NJR’s gift will help bring to life MCF’s vision to restore and improve the Scudder Preserve, an important natural habitat in Middletown, Monmouth County, New Jersey, benefitting the local community for generations to come.

In celebration of Earth Day, New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), announced a $75,000 donation to Monmouth University’s Urban Coast Institute (UCI) to support the Clam Cove Living Shoreline Pilot Project – and the stabilization and restoration of coastal wetlands in the Barnegat Bay watershed.

Expanding on its sustainability leadership, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced it is switching to a new, lower emissions fuel for medium-duty trucks and associated equipment to help further reduce greenhouse gas (GHG) emissions. It is now the first natural gas utility on the East Coast to incorporate Neste MY Renewable Diesel™ to fuel a portion of its fleet operations.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2024 second quarter financial results on Tuesday, May 7, 2024, at 10 a.m. ET.

New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), filed a petition with the New Jersey Board of Public Utilities (BPU) requesting an increase of $222.6 million to its base rates. The filing includes the recognition of approximately $850 million of investment by NJNG to enhance the safety, reliability, security and environmental benefits of its delivery system and operations. These investments benefit customers but are not reflected in current rates.

New Jersey Resources (NYSE: NJR), today hosted its 71st Annual Shareowners Meeting. At the virtual meeting, shareowners elected Donald L. Correll, James H. DeGraffenreidt Jr., M. Susan Hardwick and Peter C. Harvey to NJR’s board of directors each for a three-year term that will expire in 2027.

In conjunction with its 71st Annual Shareowners Meeting, New Jersey Resources (NYSE: NJR) today released its fiscal 2023 Corporate Sustainability Report highlighting the company’s progress on Environmental, Societal and Governance (ESG) priorities and its sustainability agenda.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2024 first quarter financial results on Tuesday, February 6, 2024, at 10 a.m. ET.

New Jersey Resources (NYSE: NJR) today announced Angel Velez, a 17-year veteran of the organization, has been named a Vice President in the company’s Energy Services business.

New Jersey Resources (NYSE: NJR) was named one of America’s Most Responsible Companies by Newsweek, and one of only 156 companies to earn this distinction for five consecutive years for its excellence and accomplishments in corporate social responsibility. NJR is among the top 600 of the nation’s largest public corporations across 14 industries recognized for their work and accomplishments on sustainability issues, performance and reputation.

Building on its strong leadership in offering practical and effective energy-efficiency programs, New Jersey Natural Gas (NJNG) today filed with the New Jersey Board of Public Utilities (BPU) a proposed next generation of SAVEGREEN™ energy-efficiency offerings. Launched in 2009, SAVEGREEN provides energy efficiency solutions that meet the unique needs and budgets of residential and commercial customers — including low- and moderate income, multifamily, hospitals and municipalities. If approved by the BPU, the new SAVEGREEN program cycle is expected to begin January 1, 2025, and run through June 30, 2027.

New Jersey Natural Gas (NJNG) today filed with the New Jersey Board of Public Utilities (BPU) seeking to extend its current SAVEGREEN™ energy-efficiency offerings for an additional six months through December 31, 2024. Approved by the BPU on March 4, 2021, this cycle of programs went into effect on July 1, 2021, and is currently set to expire on June 30, 2024.

The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Peter C. Harvey to the board.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2023 year end financial results on Tuesday, November 21, 2023, at 10 a.m. ET.

New Jersey Natural Gas, (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), announced the appointment of Marissa Travaline as Vice President, Customer Service, Marketing and Energy Efficiency effective today. In this role, Ms. Travaline will be responsible for overseeing a diverse team of employees and developing, implementing and executing NJNG’s customer experience strategy, customer service and call center operations, residential and commercial growth objectives and energy-efficiency programs.

New Jersey Resources (NYSE: NJR) today announced the appointment of James Eckert as Vice President, Storage and Transportation, NJR Midstream Company (S&T), a wholly-owned subsidiary of NJR, effective August 1, 2023. Mr. Eckert will succeed Vice President Ginger Richman. Ms. Richman will remain with the company to facilitate the leadership transition until her scheduled retirement on December 31, 2023.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2023 third quarter financial results on Thursday, August 3, 2023, at 10 a.m. ET.

From air conditioning to vacuum cleaners, New Jersey has long been known for its innovations, and now it is home to the largest floating solar array in North America. Consisting of 16,510 solar panels, the 8.9-megawatt (MW) solar array covers 17 acres of the Canoe Brook reservoir in Short Hills, New Jersey. The clean power generated is enough to power 1,400 homes annually and will provide approximately 95% of the power needs for New Jersey American Water’s Canoe Brook Water Treatment Plant.

On Tuesday, June 6, 2023, NJR Clean Energy Ventures (CEV) and New Jersey American Water will host a ribbon cutting ceremony to celebrate North America’s largest floating solar array. Constructed using an innovative floating racking system, the 8.9-megawatt solar facility turns unutilized space on the Canoe Brook reservoir into a source of clean energy. The innovative project continues CEV’s strong track record of clean energy investments and will provide 95% percent of the power needs for New Jersey American Water’s Canoe Brook Water Treatment Plant, which produces 14 million gallons of drinking water per day and serves 84,000 customers.

New Jersey Natural Gas (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), today filed its annual Basic Gas Supply Service (BGSS) and Conservation Incentive Program (CIP) rates with the New Jersey Board of Public Utilities (BPU). Separately, NJNG also filed to recover costs associated with its energy-efficiency (EE) programs. The overall impact of these filings is a decrease of 1.7% for residential heating customers purchasing their supply from NJNG.

New Jersey Resources (NYSE: NJR) today announced the appointment of Frank Casey as President of NJR Home Services, the company’s appliance service and home comfort business, effective July 1, 2023. Mr. Casey will succeed Senior Vice President of NJR Retail and NJR Home Services President Thomas J. Massaro, who will be retiring on September 30, 2023.

New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), today marked Earth Day 2023 by announcing a $50,000 donation to the Natural Resource Education Foundation of New Jersey (NREF), a 501(c)3 non-profit dedicated to maintaining and enhancing The Lighthouse Center and its mission as a community environmental education and research facility.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2023 second quarter financial results on Thursday, May 4, 2023, at 10 a.m. ET.

New Jersey Natural Gas (NJNG) is pleased to announce its energy-efficiency program, The SAVEGREEN Project®, has received the 2023 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).

Today, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR) notified the New Jersey Board of Public Utilities (BPU) it will implement a bill credit and lower the Basic Gas Supply Service (BGSS) rate for residential and small commercial customers, effective March 1, 2023. With this bill credit and rate decrease, the typical NJNG customer using 1,000 therms per year will see a savings of $129.48, or 8.1%, on their annual bill.

New Jersey Resources (NYSE: NJR) today hosted its 70th Annual Shareowners Meeting. At the virtual meeting, shareowners elected to NJR’s board of directors Michael A. O’Sullivan for a two-year term that will expire in 2025 and re-elected Jane M. Kenny, Sharon C. Taylor and Stephen D. Westhoven for three-year terms that will expire in 2026.

In conjunction with its 70th Annual Shareowners Meeting, New Jersey Resources (NYSE: NJR) released its fiscal 2022 Corporate Sustainability Report, highlighting progress on its sustainability agenda spanning environmental, social and governance initiatives — including emission reduction goals and decarbonization priorities — across the company.

The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.39 per share. The dividend will be payable on April 3, 2023, to shareowners of record as of March 15, 2023.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2023 first quarter financial results on Thursday, February 2, 2023, at 10 a.m. ET.

New Jersey Resources (NYSE: NJR) announced the following executive promotions that position the company to execute on its growth strategy and information technology (IT) priorities.

For the fourth consecutive year, New Jersey Resources (NYSE: NJR) was named one of America’s Most Responsible Companies by Newsweek in recognition of its excellence and accomplishments in corporate social responsibility.

The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Michael O’Sullivan, former senior vice president of Development at NextEra Energy Resources (NextEra), to the board.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 year end financial results on Thursday, November 17, 2022, at 10 a.m. ET.

New Jersey Resources (NYSE: NJR) today announced the appointment of Ginger Richman as Vice President of Storage and Transportation for NJR Midstream Company, a wholly-owned subsidiary that owns and operates high-quality natural gas infrastructure assets around the country. The appointment will be effective next month, following the retirement of current Vice President John Bremner.

The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.6 percent increase in the quarterly dividend rate to $0.39 per share from $0.3625 per share. The new quarterly rate will be effective with the dividend payable October 3, 2022 to shareowners of record on September 26, 2022. This dividend replaces the previously announced dividend of $0.3625 per share approved on July 14, 2022 for shareowners of record on September 26, 2022.

New Jersey Resources (NYSE: NJR) today announced Robert Pohlman has been named Vice President of NJR Clean Energy Ventures (CEV) and Corporate Strategy effective immediately. Mr. Pohlman will be responsible for leading and developing the renewable energy business, while also driving new growth opportunities and strategic initiatives across NJR.

The board of directors of New Jersey Resources Corporation (NYSE: NJR) (the “Company” or “NJR”) unanimously declared a quarterly dividend on its common stock of $0.3625 per share. The dividend will be payable on October 3, 2022, to shareowners of record as of September 26, 2022.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 third-quarter earnings results on Thursday, August 4, 2022, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR’s financial and operational performance for the fiscal 2022 third quarter ended June 30, 2022.

Celebrating the 40th anniversary of its listing on the New York Stock Exchange (NYSE), New Jersey Resources (NYSE: NJR) President and CEO Steve Westhoven, together with members of the company’s board of directors, will mark the milestone by ringing The Closing BellSM.

New Jersey Resources (NYSE: NJR) today announced the appointment of Tejal K. Mehta as Corporate Secretary and Assistant General Counsel effective June 6, 2022. In this role, Ms. Mehta will serve as the secretary to the board of directors of NJR and its subsidiaries, act as the company’s registered agent and keeper of records, provide oversight of the company’s corporate governance and support NJR’s overall corporate legal function.

New Jersey Natural Gas (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), today submitted its annual Basic Gas Supply Service (BGSS) filing to the New Jersey Board of Public Utilities (BPU) seeking to adjust its periodic BGSS rates for residential and small commercial customers primarily to reflect a significant rise in wholesale market prices for natural gas.

New Jersey Resources (NYSE: NJR), parent company of New Jersey Natural Gas (NJNG), today marked Earth Day 2022 by announcing its membership in the Corporate Stewardship Council of the New Jersey Audubon. One of the state’s leading environmental advocacy organizations dedicated to conservation, biodiversity and the protection of wildlife and habitats, New Jersey Audubon created the Corporate Stewardship Council to provide member companies the opportunity to participate in habitat conservation.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 second-quarter earnings results on Thursday, May 5, 2022 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR’s financial and operational performance for the fiscal 2022 second quarter ended March 31, 2022.

At its 69th Annual Shareowners Meeting, New Jersey Resources (NYSE: NJR) highlighted the significant progress the company has made in advancing its sustainability agenda, including the establishment of a Net-Zero by 2050 greenhouse gas emissions reduction goal for its New Jersey operations.

New Jersey Resources (NYSE: NJR), today hosted its 69th Annual Shareowners Meeting. Due to the ongoing COVID-19 pandemic, the meeting was held virtually. By an overwhelming majority, shareowners re-elected Gregory E. Aliff, Robert B. Evans and Thomas C. O’Connor to the board of directors for three-year terms that will expire in 2025.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 first-quarter earnings results on Thursday, February 3, 2022 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Roberto Bel will present an overview of NJR’s financial and operational performance for the first quarter of fiscal 2022.

New Jersey Resources (NYSE: NJR) today announced a series of executive and senior leadership promotions that position the company to execute on its growth strategy, sustainability goals and investment priorities.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 year-end earnings results on Thursday, November 18, 2021 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR’s financial and operational performance for fiscal 2021.

New Jersey Resources (NYSE: NJR) today announced Interim General Counsel and Corporate Secretary Richard Reich has been promoted to Senior Vice President and General Counsel. In this position, Mr. Reich is responsible for leading NJR’s legal department, developing and directing the corporate legal function and overseeing corporate compliance. He will also continue to serve in the Corporate Secretary role until a replacement is selected.

The board of directors of New Jersey Resources (NYSE: NJR) unanimously approved a 9 percent increase in the quarterly dividend rate to $.3625 per share from $.3325 per share. The new quarterly rate will be effective with the dividend payable October 1, 2021 to shareowners of record on September 20, 2021. This dividend replaces the previously announced dividend of $.3325 per share approved on July 14, 2021 for shareowners of record on September 20, 2021.

Today, New Jersey Resources (NYSE: NJR) reported results for the third-quarter of fiscal 2021. Highlights include:

The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share. The dividend will be payable on October 1, 2021 to shareowners of record as of September 20, 2021.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 third-quarter earnings results on Thursday, August 5, 2021 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR’s financial and operational performance for the third quarter of fiscal 2021.

As a part of its long-term succession planning, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced John Wyckoff will succeed Craig Lynch as Vice President-Energy Delivery following his retirement today. In addition, Kraig Sanders was promoted to a newly expanded role of Vice President-Operations.

New Jersey Natural Gas (NJNG), the regulated subsidiary of New Jersey Resources (NYSE: NJR), today submitted its annual Basic Gas Supply Service (BGSS) and Conservation Incentive Program (CIP) filing to the New Jersey Board of Public Utilities (BPU). NJNG is seeking to adjust its natural gas cost recovery rates due to higher market prices and demand charges.

Today, New Jersey Resources (NYSE: NJR) reported results for the second-quarter of fiscal 2021. Highlights include:

Building on its track record of sustainability leadership, New Jersey Resources (NYSE: NJR), a diversified energy company and parent company of New Jersey Natural Gas (NJNG), marks Earth Day with the launch of the Coastal Climate Initiative — a program aimed at advancing climate change solutions to positively impact the communities it serves.

The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share. The dividend will be payable on July 1, 2021 to shareowners of record as of June 16, 2021.

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR’s financial and operational performance for the second quarter of fiscal 2021.